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$WD funded $1Bil in total on-balance sheet loan originations and preferred equity investments since the company began lending using its balance sheet in 2012. As of Sept. 30, 2016, the balance of interim loan portfolio was $265MM and the balance of preferred equity investments was $15.5MM.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.